Call Help Lines
954-785-1121

>>> UPGRADE YOUR MEMBERSHIP NOW AND GET IT ALL - CLICK HERE
CANSLIM.net Stock Bulletins - DRIV
07/02/03   CANSLIM.net
 

CANSLIM.NET  STOCK   BULLETIN


Digital River, Inc. (DRIV - $21.93) is a high-ranked leader in the group of Internet-Network Solutions stocks, of which there are other leaders showing confirming strength including Packeteer Inc  (PKTR).  The volume dried up in the final few weeks of its latest base while it approached but stayed above its 50-day moving average line.   The weekly chart also is worth a look, as the latest high-volume breakout helped it to clear important previous highs in the $20 range that were a resistance barrier for it in 2001 and 2002.  Drawing an upward trendline along the lows of recent months gives you at least one technical point to watch for support of the latest uptrend.

Although the stock may be slightly passed its pivot or an ideal buy point at this time, investors should recognize that today is an indication of institution buying. It could be a wise one to consider purchasing on any pullbacks on lighter volume or on normal weakness provided that it's not a high volume failure down into the previous base.

Shares Outstanding - 28.3 Mil  | 50-Day Avg Vol - 1,259,000 | Prior 2 Quarterly earnings % Change: +275%;+750%

Quote | 5-Yr Chart | News | Reports | Research | SEC | Msgs | Insider | Financials | Analyst Ratings

IF YOU ARE NOT CURRENTLY SUBSCRIBED TO RECEIVE THESE BULLETINS
YOU CAN SIGN UP
HERE


This is a new service provided by CANSLIM.net News to all current paying subscribers.

About : Newsdesk

You can contact Newsdesk at kengruneisen@gmail.com

 
The information and writings made avaialable by individuals that successfully passed the  CAN SLIM® Masters Program are their own.  Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties. 


Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us